Five Below, Inc. (NASDAQ:FIVE) Shares Sold by Beaumont Financial Advisors LLC

Beaumont Financial Advisors LLC lessened its stake in Five Below, Inc. (NASDAQ:FIVE) by 6.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,445 shares of the specialty retailer’s stock after selling 107 shares during the quarter. Beaumont Financial Advisors LLC’s holdings in Five Below were worth $308,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in FIVE. Price T Rowe Associates Inc. MD boosted its holdings in shares of Five Below by 2,513.9% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 3,892,692 shares of the specialty retailer’s stock valued at $801,779,000 after purchasing an additional 3,743,768 shares during the last quarter. 1832 Asset Management L.P. acquired a new position in shares of Five Below in the 4th quarter valued at $99,794,000. William Blair Investment Management LLC boosted its holdings in shares of Five Below by 89.1% in the 3rd quarter. William Blair Investment Management LLC now owns 1,035,592 shares of the specialty retailer’s stock valued at $166,627,000 after purchasing an additional 487,948 shares during the last quarter. Wasatch Advisors Inc. boosted its holdings in shares of Five Below by 21.4% in the 1st quarter. Wasatch Advisors Inc. now owns 2,676,533 shares of the specialty retailer’s stock valued at $423,883,000 after purchasing an additional 471,349 shares during the last quarter. Finally, Montrusco Bolton Investments Inc. lifted its holdings in shares of Five Below by 34.6% during the 3rd quarter. Montrusco Bolton Investments Inc. now owns 1,539,132 shares of the specialty retailer’s stock valued at $242,681,000 after acquiring an additional 395,275 shares in the last quarter.

Five Below Stock Performance

FIVE opened at $150.29 on Friday. The company has a 50-day moving average of $184.23 and a 200-day moving average of $185.82. The company has a market capitalization of $8.30 billion, a P/E ratio of 27.73, a PEG ratio of 1.20 and a beta of 1.19. Five Below, Inc. has a 1-year low of $144.57 and a 1-year high of $216.18.

Five Below (NASDAQ:FIVE) last released its earnings results on Wednesday, March 20th. The specialty retailer reported $3.65 earnings per share for the quarter, missing the consensus estimate of $3.78 by ($0.13). The company had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.35 billion. Five Below had a return on equity of 20.80% and a net margin of 8.46%. Five Below’s revenue for the quarter was up 19.1% on a year-over-year basis. During the same period in the previous year, the firm posted $3.07 EPS. As a group, sell-side analysts expect that Five Below, Inc. will post 6.06 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on FIVE shares. Barclays reduced their target price on shares of Five Below from $225.00 to $214.00 and set an “overweight” rating on the stock in a report on Friday, March 22nd. Craig Hallum reduced their target price on shares of Five Below from $195.00 to $187.00 and set a “hold” rating on the stock in a report on Thursday, March 21st. JPMorgan Chase & Co. reduced their target price on shares of Five Below from $222.00 to $215.00 and set an “overweight” rating on the stock in a report on Thursday, March 21st. Mizuho started coverage on shares of Five Below in a report on Tuesday, March 19th. They set a “buy” rating and a $225.00 target price on the stock. Finally, Morgan Stanley reduced their target price on shares of Five Below from $225.00 to $210.00 and set an “overweight” rating on the stock in a report on Thursday, March 21st. One research analyst has rated the stock with a sell rating, four have given a hold rating and thirteen have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $212.83.

About Five Below

Five Below, Inc operates as a specialty value retailer in the United States. The company offers range of accessories, which includes novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and t-shirts, as well as nail polish, lip gloss, fragrance, and branded cosmetics; and personalized living space products, such as lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, accent furniture, and related items, as well as provides storage options.